An institutional unit is considered to be resident within a country when it has a centre of economic interest in that territory, i.e. is engaged or is going to get engaged in some economic activities or transactions during a long period, usually assimilated to one year.

UNESCO: Belarus: Report: Part I: Descriptive Section

Morgan Stanley has been under siege since a senior management reshuffle in late March that resulted in the departures of several star bankers, including Vikram Pandit , head of the institutional securities unit, John Havens , head of equities, and Joseph Perella , a key rainmaker.

FORBES: Tending Garden

Strangfeld first eliminated the struggling institutional fixed-income unit, which underwrote corporate bonds.

FORBES: The Great Divorce

Speculation was heightened on Monday late afternoon when it transpired that Deutsche Bank's (nyse: DB - news - people )'s unit trust, DWS Institutional, was holding a 2.07% stake in Capitalia.

FORBES: Capitalia Next On The Block?

Purcell pushed Mack out in 2001 and retained control of the firm until the spring, when he faced unrelenting pressure from shareholders to divest the firm of the underperforming brokerage business and the credit-card unit and focus the firm back on its core strength: institutional securities.

FORBES: Mack Refuses To Attack

The real-estate unit invests money for Axa's insurance companies as well as institutional clients and has operations in 22 countries.

WSJ: Europe's Top Property Fund Shows Taste for Risk

The business unit makes money by charging a fee for serving as the custodian of financial assets on behalf of institutional investors such as mutual funds, insurance companies, foundations, endowments and other investment pools.

FORBES: Three Key Drivers To BNY Mellon's $27 Stock Value